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Leases (Tables)
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Summary of Lease Expense
The components of the lease expense is as follows:
Years ended December 31,
In millions202520242023
Operating lease cost$3.7 $4.0 $4.6 
Supplemental cash flow information related to leases was as follows:
Years ended December 31,
In millions202520242023
Operating cash flows from operating leases$4.8 $4.0 $4.6 
During the year ended December 31, 2025, there were additional operating leases entered into totaling $1.5 million (2024: $0.6 million, 2023: $0.5 million). In addition, there was a $1.9 million impairment recognized in 2025 in relation to the Gas Cylinders segment and a $1.6 million impairment recognized in 2023 in relation to the Graphic Arts segment. These are non-cash items but will impact cash in future years.
Supplemental balance sheet information related to leases was as follows:
December 31,December 31,
In millions20252024
Operating leases
Operating lease right-of-use asset$8.5 $11.5 
Other current liabilities4.2 4.0 
Other non-current liabilities8.0 10.7 
$12.2 $14.7 
Weighted Average Remaining Lease Term (Years)15.713.4
Weighted Average Discount Rate4.60 %4.52 %
Maturities of Lease Liabilities
Maturities of lease liabilities were as follows:
In millions2025
2026$4.6 
20271.9 
20281.6 
20291.3 
20300.8 
Thereafter7.5 
Total lease payments$17.7 
Less imputed interest(5.5)
Total$12.2